The Port Authority will hold a series of public hearings in December on the agency's proposal for adjustments in its bridge and tunnel tolls and PATH rail system fares.

On November 15, the agency submitted to its Board of Commissioners a plan to raise additional revenue
needed to pay for nearly $30 billion in critical transportation and
$650 million in annual security projects during the next 10 years.

The agency last adjusted tolls in March 2001. Before that, the last toll increase was in 1991.

At
the November 15 Board meeting, the agency released its Updated
2007-2016 Capital Plan. The $29.5 billion plan includes strategic
investments in rehabilitating and modernizing agency facilities, easing
congestion and reducing overcrowding. Among the highlights of the plan:

November 1 marked the first day of Port Authority operations
at Stewart International Airport in Newburgh, N.Y. The Port Authority
vowed to develop the underutilized facility into a strong regional
airport serving the travel and business needs of the Hudson Valley
while helping alleviate congestion and ease delays at the New York-New
Jersey metropolitan-area airports.

The Port Authority is launching the first phase of a motorist alert service for our bridge and tunnel customers. It is a free subscription service that notifies customers of incidents or events that may delay their trip across Port Authority bridges and tunnels.